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knows what then. the muslim brotherhood gained control in egypt. what does the obama administration do? it gives them advanced fighter jets. we have a former navy seal after the break. he is not very happy about what is going on with your tax dollars. ♪ ♪ david: the market is down triple digits and gas prices across the country keep on rising. the national average jumped another penny overnight to $3.55. gas has spiked almost a quarter in just the past month. oil is up about $0.31. $96.31 a barrel. home depot is hiring 80,000 workers for the spring season. shares were home depot are down a little bit. keeping an eye on the housing front. what we call a bright spot in the economy. freddie mac shows the same rate as last week. still very low. let's check the big board again. we are holding onto triple digit losses on the dow. housing stocks leading us lower today. ♪ i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishar
with energy. much of this comes from the obama administration with its green energy policies. don't you think it will just find another way to help these companies out? >> there are lots of ways that a determined federal government and the president to is intent on providing very expensive energy that people can't afford and don't want to my good start would be getting rid of these tax credits. we have all of the things, loan guarantees that became solyndra, all of the other ways that the federal government can put it thumb in favor a particular friend of theirs or an energy source that they happen to value. but this would be a good first part. it's good tax policy. gerri: i'm all in favor of renewable energy. i'm in favor of wind, whenever you want to build, mr. private businessmen. i just want to pay for it. is that how you feel? >> i completely agree. i am very hopeful that one of these great energy sources will find an affordable solution for america. but it is just like anything else. the greek independence and the money from taxpayers, eventually they have to get off and get the depende
, the obama administration has been getting called out for picking winners and losers in the energy sector, mostly losers. a nebill would eliminate all of the energy, all of the energy tax credits. would that make it even playing field for people in that this is? running me now, republican congressman of kansas superposed the bill. congressman, welcome to the show. are you trying to accomplish with this? >> several things, first of all. thank you for having me on the show and talk about this. this is about affordable energy for the folks in kansas and california. affordable energy that they can depend on and rely on. our tax cut has become one that favors folks with a political ties and not those customers. in so many energy companies to get back to doing what they're supposed to do, creating value through finding customers, not political patrons. my legislation does just that, getting rid of every single energy tax credit in the entire code. i am all for it. we should close these loopholes for wind and the algae and tax credits totalling guesstimed of the mall and level the playing field.
. >> he repeated something that has been well known for years and should have been known with the obama administration the electric car is the next big thing it has yet to replace the internal combustion engines because of cost, range and value. gerri: where do you go to recharge its? so many practical issues not taken into consideration but there were benefits for these at what point* do we say get out of the private sector? >> great point*. a bureau chief in detroit made that point*, the reuters article that you are referencing, a the public's indifference. [laughter] it is such a great wine. the numbers last year nissan thought they would sell 20,000 of the knees on the if but th sold 10,000 but ford sold 60,000 of the f-series pickup they sold more pickups in six days than nissan sold in one year. [laughter] gerri: the president wanted to put those cars on the road but no such luck. but now you are writing about wind energy? >> last week "wall street journal" i talked about fish and wildlife service is charged with protecting america's wildlife, is contemplating giving a permit to a
are the target. what the obama administration wants to do about it. cheryl: super blackout. who is responsible in what it will cost. dennis: this super bowl got the best ratings ever, into one the ad bowl? the best and the very worst. nicole petallides at the new york stock exchange up 149 on the dow. down now. nicole: a selloff day. you get some, you give some back. we are pulling back, down about 130 points right now. we're not looking at dow 14,000 like we were on friday. a monumental day for all of those after five years from 2007 when i have been waiting and finally got it. today a different story, there are concerns once again about europe and as a result the dollar gaining strength, and that weighs on the market. take a look at blackberry, a name in the headlines, selling off dramatically and now we have endless coming out and talking positively putting it in saying obviously they are believing in the company, the price targets $22 up from $12, and the stock is really jumping today. cheryl: a little late to the party. but we will take it, at least the shareholders will. we will see you
the budget battles in washington. dennis: thank you, peter barnes. the obama administration has gone to extraordinary lengths to fix the housing crisis, programs that help the faulting homeowners stay in their homes and refinance underwater mortgages, multibillion-dollar find on banks over alleged foreclosure errors but have those government efforts slowed down recovery they were supposed to help? joining us is former chairman of president obama's council of economic advisers austan goolsbee now professor at the university of chicago school of business. thanks for being with us. what do you say? what you think of these programs? some people in the real business world think it got in a way of recovery. >> that sounds to me a little out there. i think the amount the government can do to fix a $20 trillion market is somewhat limited and we have seen that in -pa lot of areas but to say the efforts taken by the government broadly defined, not the administration but a lot of things done by the fed and others that they actually hurt the housing market is pretty inaccurate. dennis: did it ke
is a cheering section for the obama administration. charles: it has gone into overdrive. they were in fourth gear during the election. i thought there would be more neutrality. they have gone into overdrive, it is amazing. stuart: let me check the big board. we are an hour, half an hour into the trading session. we are down a little bit, not much but retreated further from the 14,000 level. let's get to nicole petallides. para --panera are keeping hold of their customers, boosting profits, the traditional fast-food restaurants are being little left behind. give me the stock this morning. nicole: looking pretty good. rainout it is up 2%, traded as high as 159-59, st. louis, missouri based company, they see same-store sales on a rise. we will see margins improving as well, have given an outlook that has been good news. pncreasing their marketing, customer loyalty program is on the rise and new menu items. stuart: i want to ask charles payne is the winner? would you buy at $166 a share? charles: some subscribers in the stock. march 24, 2010, the country becomes the first major change to automat
." with an administration that avoids consequences of their public policy decisions. this time president obama asking congress to bail him out of the so-called defense sequester, nearly $500 billion cut in funding to our defense department that will cost thousands of jobs and undoubtedly weaken our national security. here is jay carney offering a bag and consuming answer as he tries to shift the responsibility for action from the president to congress. >> the president was clear he believes if we don't have the time or the are not inclined in the short term to accept the offer that he put forward that would resolve the sequester and then some with deficit reduction that we should at the very least take action for temporary buydown just as we did at the end of the year of the sequester to prevent the terrible impact of the sequester. lou: a panel trying to diagram the sequester. he points out the house has already passed two separate bills to replace the sequester but both of those bills are allowed to die and demographically controlled senate. he has had it with the obama way of doing business that h
Search Results 0 to 11 of about 12 (some duplicates have been removed)